Jack's Lumber produces lumber from pine forests. Processing one batch creates two joint products$-$Grade A lumber and Grade B

lumber$-$at a cost of $$275,000.$ During production, $200,000$ board feet of Grade A lumber are produced, and can be sold at a price of

$$2\mathrm{.}00$ per board foot. In addition, one batch produces $300,000$ board feet of Grade B lumber, which can be sold at $$1\mathrm{.}25$ per board

foot. Jack's Lumber accounts for joint costs using the sales value at split$-$off method.

Required: